Note 14 - Celsion Employee Benefit Plans

12 Months Ended

Dec. 31, 2016

Notes to Financial Statements

Compensation and Employee Benefit Plans [Text Block]

14.

CELSION EMPLOYEE BENEFIT PLANS

Celsion maintains a defined-contribution plan under Section 

401(k)

of the Internal Revenue Code. The plan covers substantially all employees over the age of

21.

Participating employees

may

defer a portion of their pretax earnings, up to the IRS annual contribution limit. Commencing in the

fourth

quarter for

2008,

the Company began making a matching contribution up to a maximum of

3%

of an employee’s annual salary and the Company’s total contribution for the years ended

December

31,

2016

and

2015

was

$82,391

and

$80,408

respectively.  The Company’s contribution was made in the form of our common stock.